Las Vegas is the largest city in Nevada and is known worldwide for its casinos, gambling, and luxury resorts. As a top tourist destination, most people are curious about what it’s like to live in the city. Specifically, interested home buyers might be curious about the homes for sale in Las Vegas and if it’s within their budget.
The good news about the homes for sale in Las Vegas is that many options are available for any budget. The size of the Las Vegas housing market explains the variety in its housing costs. It spans 141 square miles of land, divided into smaller suburbs and diverse communities. Therefore, the cost of buying a home in Las Vegas dramatically varies based on where you buy your home and its features.
The median home price in Las Vegas might be higher than the national average. The year-on-year increase in home prices is also at around 7%. It is a promising aspect of investing in Las Vegas housing, especially among property investors who want to capitalize on the demand for Las Vegas properties.
For home buyers looking to call Las Vegas home, don’t despair because finding your ideal home does not mean you have to go above your budget. There are several great residential districts and neighborhoods of Las Vegas to choose from. There is also a rise in master-planned communities in Las Vegas that enable residents (and future residents) to enjoy suburban living in the desert. These master-planned communities boast amenities that are far removed from the glitz and glam of The Strip.
At the same time, those looking to experience the city’s vibrancy and live close to the heart of Las Vegas can invest in many of the luxury and high-end condos. Some of these high-rise condos offer views of the valley and The Strip and modern amenities to match your lifestyle needs.
Indeed, there is more to Las Vegas than The Strip! It’s a surprising fact to know for many who only see the city as a vacation destination. However, the accessibility of The Strip, along with several entertainment, fine dining, shopping, and lifestyle destinations, are just some of the perks you can enjoy when living in Las Vegas
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Summerlin is actually named after Jean Amelia Summerlin, who is the grandmother of the billionaire Howard Hughes. It’s a dense suburban community that offers some quiet from Las Vegas, while also remaining close enough for a commute or the weekends. Summerlin has also been featured in top publications like Money and National Geographic Adventure as one of the best places to live in America.
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Scotch 80s is the first planned community in the Las Vegas area, dating back to the 1950s. This 120-acre community is often called the “Residential Crown Jewel,” and offers classic, historic Las Vegas luxury.
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The community features approximately 1,000 single-family luxury homes built around two championship golf courses and a main clubhouse. Red Rock is located on the far west side of the Las Vegas Valley, about 30 minutes from the Las Vegas Strip and Harry Reid International Airport.
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Sun City is located on the western edge of the Las Vegas Valley, just 20 minutes from the Strip. This age-restricted community is the largest in Nevada with a total of 7,779 condos and single-family homes, four clubhouses, three golf courses, restaurants, and endless amenities.
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Rhodes Ranch is a guard-gated, 1,330-acre master-planned community located 15 minutes southwest of the Las Vegas Strip. Developed in 1997, Rhodes Ranch is known as the “Oasis in the Southwest” and features a scenic, circular two-mile walking path that winds throughout the community. Several builders have developed homes in Rhodes Ranch, so the community offers a variety of architecture and home designs.
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Skye Canyon is a master-planned communitie in the Las Vegas area. Located about 30 minutes northwest of the Las Vegas strip, this 1,000-acre community offers entry-level and higher-end neighborhoods for individuals, couples, families, and active adults. Skye Canyon is considered a “next generation” community and features numerous state-of-the-art amenities catering to modern interests and lifestyles.
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The Southern Highlands is an exclusive, 2,700-acre master-planned community located just 15 minutes south of the Las Vegas strip. This luxurious community truly has it all, featuring a resort, two retail centers, recreational facilities, golf and country club, spa, parks, two medical centers, a public safety department, and an office plaza. The community is guard-gated and includes 24-hour security patrol.
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The Spanish Hills is located in the southwest portion of the Las Vegas Valley, about 15 minutes from the Las Vegas Strip, and is one of the most prestigious neighborhoods in the area. This luxurious, upscale community boasts large lots, excellent amenities, and a premier golfing experience.
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Mountain’s Edge is a master-planned community in the southwest region of the Las Vegas Valley. Construction began in 2005 and the community will include 14,500 homes when complete. Mountain’s Edge encompasses 3,500 acres and is one of the largest communities in the region.
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The Lakes is a master-planned community on the west side of the Las Vegas Valley, just southeast of Summerlin. This resort-style community is centered around the 30-acre private Lake Sahara, which offers watersports and fishing access for all homeowners.
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